Abu Dhabi / WAM The UAE-Bulgarian Business Forum, organised by Abu Dhabi Chamber of Commerce and Industry (ADCCI), concluded its activities which were held in Abu Dhabi. The forum emphasised the importance of enhancing bilateral relations, and setting new strategic frameworks that drive economic partnerships by stimulating investment in a number of vital sectors. The forum was held in ...
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DGHR, SAP collaborate to develop Emirati talent
DUBAI / WAM A cohort of 30 Emirati university graduates have passed a rigorous selection process to embark on a training course that will set them up for long-term career success in the fast-paced world of cloud computing, thanks to a collaborative initiative between the Dubai Government Human Resources Department (DGHR) and the global technology company SAP. The programme ...
Read More »Registration for Watch & Jewellery Middle East Show opens
SHARJAH / WAM The Expo Centre Sharjah has announced that the online registration for exhibitors, visitors, and journalists wishing to attend or participate in the 50th edition of the Watch & Jewellery Middle East Show is now open. Organised by the Expo Centre with the support of the Sharjah Chamber of Commerce and Industry (SCCI), the event will run ...
Read More »Sweden sets up $23.2bn emergency backstop for utilities
Bloomberg Sweden’s government will provide Nordic and Baltic utilities as much as 250 billion kronor ($23.2 billion) in credit guarantees as it seeks to prevent Russia’s energy curbs from setting off a financial crisis. The measure is aimed at helping companies struggling to meet the surging collateral requirements needed to trade electricity, and avoid the threat of some going ...
Read More »Trump blasts Biden at rally, keeps teasing 2024 run
Bloomberg Donald Trump used a Pennsylvania rally to vent his anger at an FBI search of his Florida home and President Joe Biden’s attack on political extremism, staking his claim as his successor’s election rival in 2024. Declaring Biden an “enemy of the state,†Trump mixed support for two Republican candidates with a rejoinder to the president’s speech 48 hours ...
Read More »UAE President receives Indian PM’s letter on strengthening strategic ties
Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received on Friday a written letter from Narendra Modi, Prime Minister of India, regarding strengthening the strategic relations between their countries and the prospects of developing them to serve their common interests. His Highness Sheikh Mohamed received the letter during a meeting with Dr. Subrahmanyam Jaishankar, India’s ...
Read More »Aldar fully acquires Spark Security for AED125 million
Abu Dhabi / WAM Aldar Properties on Friday announced that it is scaling up its property and integrated facilities management platform through the full acquisition of Spark Security Services, a leading UAE-based manned guarding security services provider. The all-cash AED125 million transaction further strengthens Aldar’s property and integrated facilities management platform to deliver a broader offering to customers, ranging ...
Read More »UAE has provided women with all support needed to succeed: Sheikha Mozah
DUBAI / WAM Sheikha Mozah bint Marwan Al Maktoum, First Lieutenant Pilot at Dubai Police, has highlighted the UAE’s journey in women’s empowerment and the country’s efforts to boost their participation across various fields. In her keynote speech at the Women in Tech LATAM Awards in Rio De Janeiro, Brazil, Sheikha Mozah also discussed women’s contribution to aviation throughout ...
Read More »Union Coop launches ‘My Book is Your Book’ initiative
Dubai / WAM The “My Book is Your Book” initiative to collect new and used books launched by the Union Coop has achieved great success after collecting more than 2,243 books in its first phase in just one week. In detail, Dr. Suhail Al Bastaki, Director of Happiness & Marketing Department at Union Coop, said that the initiative was ...
Read More »UK predicts up to $199 billion excess profits for energy firms
Bloomberg UK gas producers and electricity generators may make excess profits totalling as much as £170 billion ($199 billion) over the next two years, according to Treasury estimates that lay bare the revenue-raising potential of a windfall tax. Treasury officials will deliver the assessment to the next prime minister when they take office on September 6, according to a ...
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